The authority has the following powers to:
- (1) have perpetual succession;
- (2) sue and be sued;
- (3) adopt, use, and alter a corporate seal;
- (4) define a quorum for its meetings;
- (5) maintain a principal office, which shall be located in Bennettsville;
- (6) make bylaws for the management and regulation of its affairs;
- (7) acquire, hold, and manage real estate;
- (8) make contracts of all sorts and to execute all instruments necessary or convenient for the carrying on of the business of the authority; and
- (9) do all other acts and things necessary or convenient to carry out any function or power committed or granted to the authority.
HISTORY: 2012 Act No. 229, Section 1, eff July 1, 2012.